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OUE Ltd (OVES.SI)

OVES.SI on Stock Exchange of Singapore

1.79SGD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

OUE signed a management agreement with Oakwood Asia Pacific Ltd
Friday, 7 Oct 2016 05:05am EDT 

OUE Ltd : Agreement for Oakwood to manage new Oakwood premier OUE Singapore at OUE downtown .Signed a management agreement with oakwood asia pacific ltd.  Full Article

OUE Ltd successfully tenders for Nassim land parcels
Thursday, 18 Aug 2016 08:09am EDT 

OUE Ltd : Press release: OUE successfully tenders for nassim land parcels) . OUE reef development pte ltd successfully tendered for two land parcels located at 28 Nassim road Singapore . Deal for bid price of S$56.6 million . Says acquisition is not expected to have any material impact on the net tangible assets per share or earnings per share of the company .  Full Article

OUE posts quarterly net profit of S$25.7 million
Wednesday, 3 Aug 2016 11:03am EDT 

OUE Ltd : Second quarter and/ or half yearly results) . Qtrly net profit S$25.7 million versus net loss of S$16.3 million . Qtrly revenue S$134.3 million versus S$95.7 million a year ago . Special dividend 2 Singapore cents . Interim dividend for the period 1 Singapore cents . Singapore tourism industry continues to face headwinds in the near term . Weak business sentiments are expected to impact business travel . Hospitality sector will remain competitive with the expected supply of new hotel rooms . Singapore office market remained sluggish in 2Q 2016 . Over at Shanghai, rental outlook is expected to be subdued . Will continue to drive the sale of OUE twin peaks in current challenging market" .  Full Article

OUE entered into an agreement for the acquisition of units in OUE Commercial REIT
Tuesday, 23 Feb 2016 04:52am EST 

OUE Ltd:Entered into a sale and purchase agreement for the acquisition of units in OUE Commercial Real Estate Investment Trust.The purchase consideration is s$166 million and will be satisfied wholly in cash.  Full Article

OUE Ltd Incorporates new subsidiary
Monday, 6 Jul 2015 06:15am EDT 

OUE Ltd:Incorporates Tengara Holdings Pte. Ltd as a new unit in singapore.Principal activity is Investment holding.  Full Article

OUE Ltd announces incorporation of subsidiary
Friday, 22 May 2015 06:32am EDT 

OUE Ltd:Announces incorporation of wholly-owned subsidiary company in singapare 'Beacon Property Holdings Pte. Ltd.Has an issued share capital of S$1.00.Has principal activities of Investment Holding.  Full Article

OUE Ltd announces incorporation of subsidiary
Monday, 23 Feb 2015 06:45am EST 

OUE Ltd:Incorporates a wholly-owned subsidiary in British Virgin Islands, Beacon Limited on Feb. 17.Says Beacon Limited has an authorized share capital of $50,000 and issued and paid-up share capital of $1 comprising of one share of $1.Says Beacon Limited shall be an investment holding company.  Full Article

OUE Ltd proposes final cash dividend
Monday, 16 Feb 2015 05:31am EST 

OUE Ltd:Proposes final tax exempted (one-tier) cash dividend of S$0.01 per share.Payable on May. 29.Record date as on May. 19.Ex-dividend date is May. 15.  Full Article

BRIEF-OUE signed a management agreement with Oakwood Asia Pacific Ltd

* Agreement for Oakwood to manage new Oakwood premier OUE Singapore at OUE downtown